Repono IPO GMP Today: SME Issue Receives Over 15.80x Subscription So Far, To Close Today
Repono IPO GMP Today: Its grey market premium currently stands at 21.88%, indicating decent listing gains for investors.
Repono IPO GMP Today: The initial public offering of Repono Ltd is going to be closed today, Wednesday, July 30. The price of the NSE SME IPO, which aims to raise Rs 26.68 crore, was fixed at Rs 96 per share. Till 11:00 am on the final day of bidding on Wednesday, the issue received an 15.80 times subscription, garnering bids for 2,92,04,400 shares as against the 18,48,000 shares on offer.
The retail and NII participation stood at 18.52x and 18.26x, respectively. The QIB category has received a 9.21x subscription.
The IPO's grey market premium currently stands at 21.88%, indicating decent listing gains for investors.
The three-day IPO was opened on July 28.
Repono Ltd, founded in 2017, is a logistics and warehousing company specialising in storage solutions for the oil and petrochemical sectors, offering end-to-end services across the energy value chain.
Repono IPO GMP Today
According to market observers, unlisted shares of Repono Ltd are currently trading at Rs 117 against the IPO price of Rs 96. It means a grey market premium or GMP of 21.88%, indicating decent listing gains for investors.
The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price.
The price of the SME IPO has been fixed at Rs 96 apiece.
Its minimum lot size is 1,200. It means investors will have to apply for a minimum of 1,200 shares or in multiple thereof.
Retail investors require a minimum capital of Rs 2,18,400 to apply for the IPO.
Repono IPO Allotment And Listing Dates
The basis of allotment of the Repono IPO will be finalised on July 31.
Its shares will be listed on the BSE's SME platform, August 4.
The Repono IPO, which is a book-building of Rs 26.68 crore, is entirely a fresh issue of 27.79 lakh shares.
Its revenue jumped 51% and profit after tax (PAT) increased 23% between the financial year ending with March 31, 2025 and March 31, 2024.
Wealth Mine Networks Private Limited is the book-running lead manager of the Repono IPO, while Cameo Corporate Services Limited is the registrar for the issue. The market maker for the Repono IPO is JSK Securities and Services Private Ltd.
view comments
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hans India
26 minutes ago
- Hans India
India doubles down on shipbuilding to become global maritime power
New Delhi: The shipbuilding industry in India is undergoing a transformational shift, as the government under Prime Minister Narendra Modi accelerates efforts to build a world-class maritime ecosystem, according to Sarbananda Sonowal, Minister of Ports, Shipping and Waterways. In line with the Maritime India Vision 2030 and the long-term strategic roadmap of Amrit Kaal, the Union Budget 2025 has announced a series of reforms and investments aimed at significantly enhancing the capacity and competitiveness of Indian shipyards. 'These initiatives are expected to strengthen India's position as an emerging global maritime power,' Sonowal said at the ongoing monsoon session of the Lok Sabha. Highlighting the government's commitment, Sonowal underlined the 'Shipbuilding Financial Assistance Policy which is being revamped to address cost disadvantages,' thereby helping Indian shipyards compete on equal footing with their international counterparts. The inclusion of credit notes for ship breaking in Indian yards reinforces the push towards a circular and sustainable maritime economy. To boost infrastructure financing, large ships above a specified size will now be classified under the Infrastructure Harmonised Master List, making them eligible for long-term, low-interest funding. Simultaneously, the government will facilitate the development of integrated shipbuilding clusters, equipped with modern infrastructure, skill development centres, and advanced technologies. This, the Budget notes, is aimed at 'increasing the range, categories and capacity of ships' built in India. In a landmark move to address the industry's need for long-term capital, the government has proposed a Rs 25,000 crore Maritime Development Fund, with up to 49 per cent government contribution. This fund will mobilise private and port-led investments to expand and modernise India's shipbuilding and repair capabilities. Recognising the long gestation nature of the industry, tax exemptions on Basic Customs Duty (BCD) for raw materials and components used in shipbuilding and ship-breaking have been extended for another 10 years. 'Our commitment to empower and enable our maritime sector is absolute and it is with this intent we are working under the dynamic leadership of PM Modi,' said Sonowal. To give Indian shipbuilders a competitive edge in public procurement, the government has extended the Right of First Refusal (ROFR) for tenders floated by public sector units. As per the Public Procurement (Preference to Make in India) Order 2017, vessels valued under Rs 200 crore must be procured from Indian yards, thereby reinforcing the goal of self-reliance in maritime assets. On the ship repair front, Cochin Shipyard Limited has inaugurated a Rs 970 crore International Ship Repair Facility (ISRF) in Kochi.
News18
26 minutes ago
- News18
Trump Urges India to Halt Russian Oil Purchases, India Stands Firm on Energy Sovereignty
Trump Urges India to Halt Russian Oil Purchases, India Stands Firm on Energy Sovereignty | News18 Last Updated: India Videos | US President Donald Trump on Saturday said that India has reportedly halted the purchase of Russian oil and called it a 'good step" if it turns out to be true. Mobile App -
Indian Express
26 minutes ago
- Indian Express
How village women from Pune's Hiware are breaking glass ceilings and becoming breadwinners
Monika Dalvi's transformation began with just Rs 50 worth of seeds and a determination that wouldn't take no for an answer. When her husband's agricultural ventures kept failing, she kept asking him to let her manage their farm, but his response was always a firm refusal. 'He finally gave me just 2,000 square feet of land, probably thinking I'd fail,' says Dalvi, a resident of Hiware village in Pune's Purandar taluka. What happened next surprised everyone, including her husband. Within three months, she had earned a profit of Rs 25,000 by cutting out middlemen and selling produce directly to consumers. Today, her husband stays home to take care of their children while Dalvi single-handedly manages 2.5 acres of farmland. 'Women like us from rural areas have the potential to do wonders. We just need family support and proper mentorship,' she says. Dalvi's story is one of 17 similar transformations in Hiware village, where young women have launched enterprises ranging from dairy collectives and tailoring units to beauty parlours and hardware workshops. Their journey from domestic confinement to entrepreneurial leadership offers insights into how targeted interventions can unlock rural women's economic potential. Until recently, most women in Hiware couldn't leave their homes without their husbands' permission, let alone participate in gram sabhas. Despite many being 12th pass or graduates, they had little understanding of local governance. 'Not a single woman used to participate in a gram sabha meeting before,' says Dalvi. But when Magic Bus India Foundation, an NGO, started its Young Women Fellowship Programme (YWFP) in Hiware in November 2023, the picture started changing. The NGO, which works with people from underserved communities, faced initial resistance from families who viewed women's roles as strictly domestic. 'Initially, family members opposed any kind of training for these women. But the women somehow managed to attend the sessions, and gradually, mindsets began shifting,' says Pravina Kukade, Deputy General Manager at Magic Bus Foundation, who conducted life skills training in the village. The programme has helped 124 women across Pune and Raigad districts to become entrepreneurs in two years, with 94 per cent of the first cohort now financially independent. The average monthly income is Rs 9,500, with over half earning profits above Rs 4,000. But the numbers tell only part of the story. Trupti Jagtap, who convinced her husband to let her start a furniture accessories workshop, now generates employment and actively participates in family decisions. 'Unlike before, when we couldn't even voice our suggestions, I now take part in making family decisions,' she says. Nisha Chavre learned tailoring skills through the programme and has since taught over 15 women. Reshma Kudale took beauty parlour training and now provides services as far as Latur and Beed. Moreover, these women have become agents of community development. In April this year, they successfully pressured the gram panchayat through gram sabha meetings to renovate a water tank that had been in disrepair for the last decade. One fellow has become the deputy sarpanch in Khopoli. Community engagement in the area has increased, and women are now addressing issues ranging from water scarcity and garbage disposal to street lighting and school renovations. They have organised health camps, established resource centres, and even collectively funded nursery school renovations using their stipend money. 'The NGO provides entrepreneurship training, seed funding, connections to domain experts, and initially a monthly stipend, which helped instil confidence and make them financially independent,' explains Kukade. 'Through YWFP, we aim to address the Female Labour Force Participation Rate gap, a critical challenge in rural India where women's workforce participation remains low despite their potential,' said Swati Ranware, a trainer with Magic Bus NGO.
